Monday, October 31, 2011

Planned all-star game in PR 'postponed' (AP)

SAN JUAN, Puerto Rico ? Organizers say a scheduled exhibition game including NBA stars has been postponed and will be rescheduled next week.

A spokeswoman for the World All-Star Classic ? set to include Kobe Bryant, Kevin Durant and Dwyane Wade ? says a new date will be announced by Nov. 3.

According to an earlier press release, the game was also going to feature Amare Stoudemire, Blake Griffin, Carlos Boozer, Chris Kaman, Chris Bosh, Dwight Howard, Kevin Garnett, Kevin Love, Paul Pierce, Rajon Rondo and Tyson Chandler.

NBA players have taken part in many charity exhibition games across the country during the lockout.

A portion of the proceeds will be donated to various charities on behalf of the players and the event.

Source: http://us.rd.yahoo.com/dailynews/rss/sports/*http%3A//news.yahoo.com/s/ap/20111029/ap_on_sp_bk_ne/bkn_world_all_star_classic

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The evolution of food recommendation iPhone apps (Appolicious)

I?m quite sure I?m only days away from Siri becoming sentient and filing a restraining order against me. It?s not that I need to use the app, but just that I find her rigid lady-computer voice soothing in a sea of digital nonsense. So when tasked with tapping a weather app or asking Siri if it?s cold, my choice is very easy.

But now I want more of my apps to recommend me things. They don?t necessarily have to be super chatty about it or snark on me. Just tell me what?s good so I can check it out.

Plenty of apps already do that, of course. Any numbers of restaurant apps like GrubHub (free) or lifestyle apps like Thrillist (free) have been doing it for a couple of years now.

But Alfred (free) takes its duties one step further. Alfred is an app that asks you what you already like and tells you, based on the information you offer, what else you might like. This is the sort of computer-provided help that I so deeply desire. Free will is for losers. Finally, I can lay out my plan simply to my new app pal: ?I enjoy the Mexican place down the street. Now tell me where else the tacos are good, and do it fast.? And it?s done.

Alfred even tells you what other people have enjoyed eating at the restaurant it just suggested, which is fantastic. It does all this thanks to some complicated math that TechCrunch did a good job explaining months ago.

But now the app has added a feature that helps you recommend food for two or more people. This sort of thing could prevent wars from breaking out! As long as you and your pal both have Alfred, you can see which restaurants the clever dining app would suggest if it?s clear you intend to dine together. This is so far past what other suggestion apps are up to it?s crazy.

Related: The next wave of food-finding apps

Take for instance an app like Chef Picks by StarChefs.com ($1.99). Sure, as cool as an app that gives you top-notch recommendations from the country?s finest chefs might be, you still don?t really know if that restaurant is really right for you. There?s no math involved at all, just the word of chefs with highly refined palettes.

Foodio54Foodio54 (free) comes a little closer to the Alfred ideal in that it offers you recommendations by finding users who have rated restaurants similarly to you and then telling you what they liked. There?s plenty to appreciate about that idea, and group-thinking when it comes to restaurant selection isn?t a bad way to go. But it still doesn?t hold a candle to opening an app, letting it know you?re eating with your buddy Dan and having it spit out some mutually appealing potential dining destinations.

The big caveat with using Siri early on has been that ?it?s just a beta? so you can?t really push it to the limits that it will one day (potentially) achieve. But in a way, that?s true for any app you?re using today.

Back when I first picked up an iPhone, an app that randomly recommended food based solely upon price point and cuisine seemed like the smartest thing in the world. A few years later I?m using an app that?s noting exactly the kind of food I already like to eat and expanding my horizons with very little effort on my part. That?s so huge.

Now if I could just find someone to do my clothes shopping and cooking, I?d really be going places.

Related iPhone App List: Top 5 Most Listed Foodie Apps

Source: http://us.rd.yahoo.com/dailynews/rss/applecomputer/*http%3A//us.rd.yahoo.com/dailynews/external/appolicious_rss/rss_appolicious_tc/http___www_appolicious_com_articles10047_the_evolution_of_food_recommendation_iphone_apps/43438621/SIG=1313jg0gv/*http%3A//www.appolicious.com/tech/articles/10047-the-evolution-of-food-recommendation-iphone-apps

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Sunday, October 30, 2011

Defense witness: Michael Jackson caused own death (AP)

LOS ANGELES ? Attorneys for Michael Jackson's doctor dropped the bombshell Friday they've been hinting at for months ? an expert opinion accusing the legendary singer of causing his own death.

Dr. Paul White, the defense team's star scientific witness, said Jackson injected himself with a dose of propofol after an initial dose by Dr. Conrad Murray wore off. He also calculated that Jackson gave himself another sedative, lorazepam, by taking pills after an infusion of that drug and others by Murray failed to put him to sleep.

That combination of drugs could have had "lethal consequences," the researcher said.

White showed jurors a series of charts and simulations he created in the past two days to support the defense theory. He also did a courtroom demonstration of how the milky white anesthetic propofol could have entered Jackson's veins in the small dose that Murray claimed he gave the insomniac star.

White said he accepted Murray's statement to police that he administered only 25 milligrams of propofol after a night-long struggle to get Jackson to sleep with infusions of other sedatives.

"How long would that (propofol) have had an effect on Mr. Jackson?" asked defense attorney J. Michael Flanagan.

"If you're talking effect on the central nervous system, 10 to 15 minutes max," White said.

He then said Jackson could have injected himself with another 25 milligrams during the time Murray has said he left the singer's room.

"So you think it was self-injected propofol between 11:30 and 12?" asked Flanagan.

"In my opinion, yes," White said.

The witness, one of the early researchers of the anesthetic, contradicted testimony by Dr. Steven Shafer, his longtime colleague and collaborator. Shafer earlier testified Jackson would have been groggy from all the medications he was administered during the night and could not have given himself the drug in the two minutes Murray said he was gone.

"He can't give himself an injection if he's asleep," Shafer told jurors last week. He called the defense theory of self-administration "crazy."

White's testimony belied no animosity between the two experts, who have worked together for 30 years. Although White was called out by the judge one day for making derogatory comments to a TV reporter about the prosecution case, White was respectful and soft spoken on the witness stand.

When Flanagan made a mistake and called him "Dr. Shafer" a few times, White said, "I'm honored."

The prosecution asked for more time to study the computer program White used before cross-examining him. Superior Court Judge Michael Pastor granted the request, saying he too was baffled by the complicated simulations of Jackson's fatal dose. He recessed court early and gave prosecutors the weekend to catch up before questioning White on Monday.

The surprise disclosure of White's new theory caused a disruption of the court schedule, and the judge had worried aloud that jurors, who expected the trial to be over this week, were being inconvenienced. But the seven men and five women appeared engaged in the testimony and offered no complaints when the judge apologized for the delay.

Prosecutors could call Shafer back during their rebuttal case to answer White's assertions.

Among the key issues is how White calculated that a large residue of propofol in Jackson's body could have come from the small dose that Murray says he administered. Shafer assumed Murray had lied, and he estimated Jackson actually was given 1,000 milligrams of the drug by Murray, who he said left the bottle running into an IV tube under the pull of gravity. White disputed that, saying an extra 25 milligrams self-administered by Jackson would be enough to reach the levels found in his blood and urine.

White also said a minuscule residue of the sedative lorazepam in Jackson's stomach convinced him the singer took some pills from a prescription bottle found in his room. He suggested the combination of lorazepam, another sedative, midazolam, plus the propofol could have killed Jackson.

"It potentially could have lethal consequences," said White. "... I think the combination effect would be very, very profound."

White's testimony was expected to end Murray's defense case after 16 witnesses. It likely will be vigorously challenged by prosecutors, who spent four weeks laying out their case that Murray is a greedy, inept and reckless doctor who was giving Jackson propofol as a sleep aid in the singer's bedroom. Experts including Shafer have said propofol is not intended to treat insomnia and should not be given in a home.

White's theory was based on urine and blood levels in Jackson's autopsy, evidence found in Jackson's bedroom and Murray's long interview with police detectives two days after Jackson died while in his care.

While accepting Murray's account of drugs he gave Jackson, the expert's calculations hinged on the invisible quotient: Jackson's possible movements while his doctor was out of the room. With no witnesses and contradictory physical evidence, that has become the key question hanging over the case.

Those who knew the entertainer in his final days offered a portrait of a man gripped by fear that he would not live up to big plans for his comeback concert and worried about his ability to perform if he didn't get sleep. He was plagued by insomnia, and other medical professionals told of his quest for the one drug he believed could help him. He called it his "milk," and it was propofol.

Jurors have now seen it up close as both Shafer and White demonstrated its potential use as an IV infusion.

With White's testimony, the defense sought to answer strong scientific evidence by the prosecution. But they did not address other questions such as allegations that Murray was negligent and acting below the standard of care for a physician.

Flanagan, the defense attorney, produced a certificate from Sunrise Hospital in Las Vegas showing Murray was certified to administer moderate anesthesia, referred to as "conscious sedation." However, the document showed several requirements including that the physician "monitor the patient carefully" and "provide adequate oxygenation and ventilation for a patient that stops breathing."

Medical witnesses noted that Murray left his patient alone under anesthesia and did not have adequate equipment to revive him when he found him not breathing.

The coroner attributed Jackson's June 25, 2009, death to "acute propofol intoxication" complicated by other sedatives.

Murray, who had been hired as the singer's personal physician for his "This Is It" tour, has pleaded not guilty to involuntary manslaughter.

Source: http://us.rd.yahoo.com/dailynews/rss/celebrity/*http%3A//news.yahoo.com/s/ap/20111028/ap_on_en_mu/us_michael_jackson_doctor

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Saturday, October 29, 2011

Europe's New Debt Crisis Agreement: The Good, the Bad, the Ugly (Time.com)

Sometimes I think the euro zone debt crisis is like watching a remake of the Bill Murray classic Groundhog Day, with the screenplay written by Financial Times correspondents. I wake up and read the news coming from Europe: worries mount about a Greek default, contagion spreads across the continent, the euro zone leaders are lost in befuddled bickering, and then a new pact to fix the problems emerges, hailed as historic. Then I get up the next day to find we're in exactly the same place we were before, with the cycle just repeating itself. Again and again. The only difference is that Groundhog Day made me laugh. The euro crisis version makes me want to cry.

So today, again, we find ourselves with yet another supposedly historic agreement, the one that will finally, really, once-and-for-all put an end the debt crisis, the most dangerous threat to global financial stability today. But is this the big one? Or will I wake up tomorrow listening to the same euro zone version of "I Got You Babe," sung by Nicolas Sarkozy and Angela Merkel? (See pictures of the global financial crisis.)

This latest pact, reached after all-night, hard-fought negotiations Thursday morning, is still short on details and has a long way to go before it can be called actual policy. But looking at the general outlines, I see some good aspects, some bad, and some truly ugly.

First, the good. The euro zone is finally getting real. Its leaders had been in denial that far greater and more comprehensive measures were necessary to quell the crisis, but this agreement shows they're waking up to reality. Everyone knew Europe's banks needed to be repaired; now, finally, we have a plan to recapitalize them. Everyone knew Greece needed a more drastic debt restructuring; now we have a bigger bailout (130 billion euros, or $180 billion) with a bigger reduction of debt. Everyone knew the euro zone's bailout fund, the European Financial Stability Facility, or EFSF, was too small to fight contagion; now we have a deal to increase the fund's capabilities by using it to guarantee private bondholders against losses on sovereign debt purchases. These are all important ? in fact, crucial ? steps to tackling the debt crisis, and Europe's leaders should get kudos for taking them. (Read: "Euro Zone Strikes a Deal With Lots of Promise But Few Details")

But then there's the bad: As has been the custom, the plan is ultimately no more than a politically determined collection of half-measures. With voters at home turning more and more sour on euro bailouts, the zone's leadership has attempted to tackle the crisis with hardly any new money being put on the table. And, as the saying goes, you get what you pay for. The bank recapitalization plan calls for banks to raise 106 billion euros ($150 billion) in fresh capital. But that's about half what private estimates say is necessary, so it's unlikely to be a final cure for Europe's banking woes. Nor is it clear what role European governments will play in providing that capital. On the expansion of the EFSF, the deal is aimed at giving the fund more firepower without adding any more ammunition. The actual size of the fund will remain the same; after the Greek bailout, no one is sure how much may actually be left. And as to that second bailout, Greece's situation will improve due to the 50% haircut being imposed on private bondholders. (Yes, imposed. Let's not kid ourselves that this debt restructuring is "voluntary." No one "voluntarily" loses half their money.) But Greece will still be stuck with a dangerously high debt burden. The new deal will lower its government debt to GDP ratio to a still-lofty 120% ? by the end of the decade. And even that estimate is based on unrealistic assumptions ? that Greece can close its budget gap with its economy in free fall, or raise tens of billions in a privatization program that has yet to get off the ground. So my guess is that this deal resolves none of the major issues. The Greek debt crisis will continue; the banking crisis will continue; and Europe still hasn't put its money where its rhetoric is.

And now the ugly. The deal includes a proposal to tap China and other cash-rich emerging markets to participate in bolstering the EFSF, possibly through the IMF. French President Sarkozy is expected to phone Chinese President Hu Jintao to woo him into the scheme. This whole idea is truly pathetic. If I were Hu, I'd be insulted. The euro zone leaders are unwilling to spend more to solve their own debt crisis, so they think the Chinese are gullible enough to put in their savings? I don't think so. If Sarkozy called you up and asked for your paycheck to bailout Italy, would you give it to him? China is not a global ATM machine, or a charitable organization. In the end, China will invest its money as any other financier would ? in ways that increase its return and preserve its wealth. Perhaps the Chinese can be bribed into cooperating ? a notion has been floating about that Europe would promise Beijing more voting rights at the IMF. But even if China throws Europe a bone to boost its political influence in the region (or to gloat that the Europeans have come begging), the euro zone needs hundreds of billions of dollars, perhaps even trillions. They're not getting that from China. (See why it's make-up or break-up time for the euro zone.)

So in the end, this historic agreement will likely get dumped in the dustbin of history like all of the other historic agreements. So the same cycle will repeat itself again. We'll probably be talking about a new grand agreement to halt the debt crisis by early next year. I guess it could be worse. I could be the groundhog.

Is it time to admit the euro has failed?

See 25 people to blame for the financial crisis.

View this article on Time.com

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Taliban commanders say Pakistan intelligence helps them (Reuters)

LONDON (Reuters) ? Pakistan's security service provides weapons and training to Taliban insurgents fighting U.S. and British troops in Afghanistan, despite official denials, Taliban commanders say, in allegations that could worsen tensions between Pakistan and the United States.

A number of middle-ranking Taliban commanders revealed the extent of Pakistani support in interviews for a BBC Two documentary series, "Secret Pakistan," the first part of which was being broadcast on Wednesday.

A former head of Afghan intelligence also told the program that Afghanistan gave Pakistan's former president, Gen. Pervez Musharraf, information in 2006 that Osama bin Laden was hiding in northern Pakistan close to where the former al Qaeda leader was eventually killed by U.S. special forces in May.

Admiral Mike Mullen, then the top U.S. military officer, accused Pakistani intelligence last month of backing violence against U.S. targets including the U.S. Embassy in Kabul.

He said the Haqqani network, an Afghan militant group blamed for the September 13 embassy attack, was a "veritable arm" of Pakistan's Inter-Services Intelligence agency (ISI). Pakistan denies the U.S. allegations.

One Taliban commander, Mullah Qaseem, told the BBC the important things for a fighter were supplies and a hiding place.

"Pakistan plays a significant role. First they support us by providing a place to hide which is really important. Secondly they provide us with weapons," he said, according to excerpts provided by the BBC.

Other Taliban commanders described how they and their fighters were, and are, trained in a network of camps on Pakistani soil.

According to a commander using the name Mullah Azizullah, the experts running the training are either members of the ISI or have close links to it.

"They are all the ISI's men. They are the ones who run the training. First they train us about bombs; then they give us practical guidance," he said.

AL QAEDA TALENT SPOTTING

Another Taliban fighter, known as Commander Najib, said al Qaeda trainers also operated in the camps, talent spotting possible suicide bombers.

"I was in the camp for a month ... They were giving us practical training in whatever weapons we specialized in ... Suicide bombers were taken to a different section and were kept apart from us. Those who were taught to be suicide bombers were there," he said.

A former head of Afghan intelligence told the BBC Afghan officials gave Musharraf information in 2006 suggesting bin Laden was hiding in Mansehra, a town just 12 miles from Abbottabad, where bin Laden was killed by U.S. forces in May, but that the information was not acted upon.

Amrullah Saleh, head of Afghan intelligence from 2004 to 2010, said Syed Akbar, a Pakistani believed to be smuggling guns to the Taliban, told Afghan intelligence he had escorted bin Laden from one location to another.

"The information we had was suggesting Mansehra was the town where bin Laden was hiding ... It happens after so many years that bin Laden was about 12 miles from that location," he said.

Saleh and Afghan President Hamid Karzai took the evidence to Musharraf who, according to Saleh, reacted angrily.

"He (Musharraf) banged the table and looked at President Karzai and said, 'Am I president of a banana republic? If not, then how can you tell me bin Laden is hiding in a settled area of Pakistan'. I said 'Well, this is the information so you can go and check it.'," said Saleh, who quit last year after disagreeing with Karzai over plans to talk to the Taliban.

The BBC said Pakistan strongly denied the allegations made in the program.

Gen. Athar Abbas, director general of the Inter Services public relations and official spokesman for the Pakistan military, told the BBC: "To say that these militant groups were being supported by the state with the organized camps in these areas ... I think nothing could be further from the truth."

(Reporting by Adrian Croft)

Source: http://us.rd.yahoo.com/dailynews/rss/asia/*http%3A//news.yahoo.com/s/nm/20111026/wl_nm/us_afghan_pakistan_taliban

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Friday, October 28, 2011

Report: Industry decides food ingredient safety (AP)

SAN FRANCISCO ? Thousands of ingredients that go into food have been classified as safe by private industry alone, without any government oversight, according to a new report published Wednesday.

Since the early 1960's, private companies and industry trade associations have determined at least 3,000 ingredients are safe, with no federal scrutiny, the study found. The ingredients include everything from artificially synthesized chemicals used in chewing gum to grape seed extract used in cheese and instant coffee.

The peer-reviewed report published in the Comprehensive Reviews in Food Science and Food Safety journal draws on research funded by the Pew Health Group, the health and consumer safety arm of the nonprofit Pew Charitable Trusts.

The Grocery Manufacturers Association says the industry only classifies ingredients as safe after a battery of rigorous biological tests but agrees that more transparency in the vetting process would help build consumer confidence.

"The system is less transparent than it should be so we're looking to open that dialogue," said Leon Bruner, the association's chief science officer, who agreed the study's estimates were reasonable. "We are completely comfortable with increasingly the transparency or the visibility of ingredients that go through the process."

The Federal Food, Drug, and Cosmetic Act makes food manufacturers responsible for ensuring food ingredients are safe. Companies can classify an ingredient as "generally recognized as safe" for use in a specific product but aren't required to tell the Food and Drug Administration about what they find. Some do, through a voluntary notification program that gives the Food and Drug Administration a chance to review the findings.

Source: http://us.rd.yahoo.com/dailynews/rss/health/*http%3A//news.yahoo.com/s/ap/20111026/ap_on_he_me/us_food_safety_ingredients

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Thursday, October 27, 2011

Nurse testifies Jackson asked for anesthetic (AP)

LOS ANGELES ? A nurse who treated Michael Jackson has testified the singer asked her to help him get the powerful anesthetic propofol.

Nurse practioner Cherilyn Lee told jurors Tuesday that Jackson complained he could not sleep and asked her for the drug two months before he died.

Lee says she initially didn't know about the drug, but after speaking with a doctor told the singer it was unsafe to use in his home.

Lee was called to testify by defense attorneys for Dr. Conrad Murray, who has pleaded not guilty to involuntary manslaughter. Authorities say he provided the singer with the fatal dose of the drug.

Lee says Jackson told her he had received propofol during surgery but didn't mention any doctors who were involved.

She says Jackson told her propofol was the only drug that would help him sleep.

THIS IS A BREAKING NEWS UPDATE. Check back soon for further information. AP's earlier story is below.

The judge hearing the involuntary manslaughter trial of Michael Jackson's doctor blocked defense lawyers from asking about the singer's multimillion-dollar contract for his final concert series.

Defense attorneys for Dr. Conrad Murray had wanted to introduce Jackson's contract with concert giant AEG Live to show that he would be heavily indebted to the promoter if the concerts were canceled. They said Jackson would be desperate to make sure the shows continued.

Superior Court Judge Michael Pastor said allowing testimony about the contract might confuse jurors, who are considering whether Murray's actions caused Jackson's June 2009 death.

"This is not a contractual dispute. This is a homicide case," Pastor said.

Defense attorney Ed Chernoff told Pastor that Jackson would have been indebted to AEG Live for nearly $40 million if the shows were canceled. Chernoff contends that led Jackson to give himself a dose of the anesthetic propofol in a desperate attempt to sleep.

Prosecutors contend Murray, who has pleaded not guilty, gave the fatal dose.

Although Pastor blocked the AEG contract testimony, he will allow some testimony from Randy Phillips, the company's president and CEO. The judge said Chernoff could ask Phillips about putting together the shows, titled "This Is It," the singer's conduct during a March 2009 press conference and any issues that may have occurred with Jackson's performance of rehearsals.

Phillips is expected to testify later Tuesday, after jurors hear from Cherilyn Lee, a nurse practitioner who has said Jackson repeatedly asked her for propofol to help him sleep, but she refused.

Lee began her testimony Monday, the sixth witness that Murray's attorneys called to try to shift the blame for Jackson's death to the singer himself. Lee's testimony was briefly delayed Tuesday after she appeared flustered on the witness stand and said she had become dizzy.

Murray's team plans Tuesday to call other witnesses who they think may support that theory, including Phillips and Jackson's makeup artist and hairstylist, Karen Faye. They will also call several expert witnesses who will try to rebut the testimony of prosecution experts who said Murray was reckless and at fault in Jackson's unexpected death on June 25, 2009.

In a court filing Monday, Murray's attorneys expect Faye will testify that Jackson was distraught about completing the comeback shows.

One of the initial defense witnesses, Dr. Allan Metzger, supported prosecutors' contentions that Murray acted recklessly by giving Jackson propofol as a sleep aid and that the singer was looking forward to the show.

"He was excited," Metzger said of Jackson's demeanor during conversations and a house call in the months before the singer's death. "He was talking to me about some creative things that he was thinking about. He spoke to me about his excitement and his fear about the tour."

Metzger said Jackson felt the shows were a big obligation and he wanted to deliver stellar performances.

The doctor, who knew and treated Jackson for more than 15 years, testified the pop superstar asked him about IV medications during his house call.

On cross-examination, Metzger said he told Jackson that using any IV drugs or anesthetics to sleep was unsafe.

"You explained to him that it that was dangerous, life-threatening and should not be done outside of a hospital, correct," prosecutor David Walgren asked the doctor.

"That's correct," he replied.

"Was there any amount of money that would have convinced you to give him intravenous propofol in his house?" Walgren asked.

"Absolutely not," Metger said.

Lee was similarly against Jackson taking propofol to help him sleep. She told The Associated Press in 2009 that the singer repeatedly asked for the drug while she was treating him for nutrition and sleep issues.

"I said, `Michael, the only problem with you taking this medication' ? and I had a chill in my body and tears in my eyes three months ago ? `the only problem is you're going to take it and you're not going to wake up,'" she recalled telling Jackson.

Lee kept detailed notes of her treatments on Jackson, which she flipped through repeatedly while testifying Monday.

According to prosecutors, Murray kept no notes on his treatments on Jackson after signing on as his personal physician for the London shows.

Defense attorneys expect to conclude their case Thursday. Even if they do, jurors won't begin deliberations until next week. A judge told attorneys that he would give them the weekend to craft their closing arguments and finalize jury instructions.

___

AP Special Correspondent Linda Deutsch contributed to this report.

___

McCartney can be reached at http://twitter.com/mccartneyAP

Source: http://us.rd.yahoo.com/dailynews/rss/celebrity/*http%3A//news.yahoo.com/s/ap/20111025/ap_on_en_mu/us_michael_jackson_doctor

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Matthew Morrison Discusses Halloween in New Bing Video

Matthew Morrison discusses some scoop about ?Glee? and his new album. Just in time for Halloween, Matthew dishes about how the spooky day is his favorite holiday because with his birthday the day before, it was always a sweets overload growing up (much to the dismay of his parents and dentist). Video: Matthew Morrison shares [...]

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Wednesday, October 26, 2011

Value Investing: Buy Cheap, Obscure and Out of Fashion

Professor Bruce C. Greenwald discusses his executive education course in value investing and what differentiates the practice from other investment strategies. ?Most investors are constitutionally oriented to buying lottery tickets,? he says. ?And that?s what creates the value opportunities for the plodding, careful investors.? For more programs from the Columbia Business School: fora.tv ?? Professor Bruce C. Greenwald discusses his executive education course in value investing and what differentiates the practice from other investment strategies. ?Most investors are constitutionally oriented to buying lottery tickets,? he says. ?And that?s what creates the value opportunities for the plodding, careful investors.? ? Columbia Business School Bruce Greenwald, the Robert Heilbrunn Professor of Finance and Asset Management, directs the Heilbrunn Center for Graham & Dodd Investing and the academic program in value investing. Described by the New York Times as ?a guru to Wall Street?s gurus,? Greenwald teaches value investing courses to MBAs, executives and professional investors. His book Value Investing: From Graham to Buffett and Beyond earned immediate acclaim from both individual and professional investors. Greenwald received the 2000 Columbia University Presidential Teaching Award and the 1997 Margaret Chandler Memorial Award for Commitment to Excellence in Teaching. He also is a two-time recipient of the Singhvi Prize for Scholarship in the Classroom.
Video Rating: 4 / 5


Wall Street All-Stars Video is the most extensive financial news video library on the Net. Search our library for classic economist interviews, politician speeches and debates and old news clips. Or watch the latest news from a variety of independent sources including the?Associated Press, New York Times, Financial Times, The Economist?and many more including original videos from the Wall Street All-Stars.

Source: http://www.wallstreetallstars.com/2011/10/23/value-investing-buy-cheap-obscure-and-out-of-fashion/

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Watch: RNC Chairman Reince Priebus Says Florida Must Pay (ABC News)

Share With Friends: Share on FacebookTweet ThisPost to Google-BuzzSend on GmailPost to Linked-InSubscribe to This Feed | Rss To Twitter | Politics - Top Stories Stories, RSS Feeds and Widgets via Feedzilla.

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Tuesday, October 25, 2011

Panetta: US at 'turning point,' to refocus on Asia

U.S. Secretary of Defense Leon Panetta speaks to service members at the U.S. Yokota Air Base in Fussa, west of Tokyo, Monday, Oct. 24, 2011. Panetta arrived in Japan Monday on the second leg of a weeklong Asia tour. (AP Photo/Koji Sasahara)

U.S. Secretary of Defense Leon Panetta speaks to service members at the U.S. Yokota Air Base in Fussa, west of Tokyo, Monday, Oct. 24, 2011. Panetta arrived in Japan Monday on the second leg of a weeklong Asia tour. (AP Photo/Koji Sasahara)

U.S. Secretary of Defense Leon Panetta speaks to service members at the U.S. Yokota Air Base in Fussa, west of Tokyo, Monday, Oct. 24, 2011. Panetta arrived in Japan Monday on the second leg of a weeklong Asia tour. (AP Photo/Koji Sasahara)

U.S. Secretary of Defense Leon Panetta speaks to service members at the U.S. Yokota Air Base in Fussa, west of Tokyo, Monday, Oct. 24, 2011. Panetta arrived in Japan Monday on the second leg of a weeklong Asia tour. (AP Photo/Koji Sasahara)

(AP) ? The winding down of wars in Iraq and Afghanistan marks a pivot point for the U.S. military, which must now focus on looming threats such as the rising military might of China, Defense Secretary Leon Panetta said Monday.

Panetta used his first visit to Japan as Pentagon chief to sound an emerging theme of the Obama administration: America will remain a global economic and military power despite coming budget reductions, and the Asia-Pacific region will be central to U.S. national security strategy.

In a question-and-answer session with U.S. and Japanese troops at Yokota Air Base, Panetta ticked off a list of threats that he said demand more U.S. attention as it completes its departure from Iraq this year and targets 2014 for the withdrawal of combat forces from Afghanistan. He mentioned cyberattacks, the nuclear ambitions of Iran and North Korea, Mideast turmoil and "rising powers" ? an allusion to China.

"Today we are at a turning point after a decade of war," Panetta said. Al-Qaida is among a range of concerns that will keep the military busy, but as a traditional Pacific power the United States needs to invest more effort in building a wider and deeper network of alliances and partnerships.in this region, he said.

"Most importantly, we have the opportunity to strengthen our presence in the Pacific ? and we will," he said.

He did not elaborate on whether that would mean adding ships or other forces, but he emphatically said budget cuts would not be a factor.

"We are not anticipating any cutbacks in this region," he said.

In an opinion piece published Monday in a Japanese newspaper, Panetta accused North Korea of "reckless and provocative" acts and criticized China for a secretive expansion of its military power.

He wrote that Washington and Japan share common challenges in Asia and the Pacific.

"China is rapidly modernizing its military," he wrote, "but with a troubling lack of transparency, coupled with increasingly assertive activity in the East and South China Seas."

China's military budget of $95 billion this year is the world's second-highest after Washington's planned $650 billion. Beijing is developing weapons such as the "carrier killer" DF 21D missile that analysts say might threaten U.S. warships and alter the regional balance of power.

Panetta wrote that Japan and the U.S. would work together to "encourage China to play a responsible role in the international community."

A day earlier, in Bali, Indonesia, Panetta offered more positive remarks about China. He told reporters that Beijing deserved praise for a relatively mild response to a $5.8 billion U.S. arms sale to Taiwan announced in September.

Panetta is not visiting China on this trip, but the Obama administration has worked to improve historically weak military ties with China. Panetta's predecessor, Robert Gates, argued that both sides needed to better understand one another's capabilities and motives, the better to prevent miscalculations or misunderstandings. U.S. Navy ships have had run-ins with Chinese ships in disputed waters, for example, but China insists its military rise is peaceful and poses no threat to the U.S.

Panetta is focusing more directly during this trip on the threat posed by North Korea, which he said in his opinion piece "continues to engage in reckless and provocative behavior and is developing nuclear weapons and ballistic missiles, which pose a threat not just to Japan but to the entire region."

The problem of North Korea involves not only the historical weight of Japan's occupation of Korea from 1910 to the end of World War II, but also China's support for communist North Korea. China fought U.S. forces as a North Korean ally during the 1950-53 Korean War, which remains an unsettled issue.

Panetta's strong language coincided with the start of talks in Geneva between U.S. and North Korean officials in what Washington calls at effort to determine whether Pyongyang is serious about returning to nuclear disarmament talks. Japan also worries about North Korea and is one of five countries that have jointly tried to persuade the North Koreans to cap and reverse their nuclear arms program. The other four are the U.S., China, Russia and South Korea.

The U.S. has about 47,000 troops in Japan and about 28,000 in South Korea, and it is studying near-term possibilities for bolstering the U.S. position in Asia ? not necessarily by adding more troops but by increasing U.S. Navy port calls and doing more regular exercises with Asian and Pacific nations.

President Barack Obama plans to visit Indonesia in November to attend an East Asia summit meeting, following a visit to Australia. He also will host a meeting of Asia-Pacific leaders in Hawaii in November.

Panetta arrived in Japan from Bali, where he met with defense ministers from the 10-member Association of Southeast Asian Nations. On Tuesday, Panetta is scheduled to meet with Prime Minister Yoshihiko Noda as well as Japan's defense and foreign ministers. On Wednesday he is to meet with U.S. sailors aboard a ship at nearby Yokosuka Naval Base and then travel to South Korea for annual security consultations.

___

Robert Burns can be reached on Twitter at http://twitter.com/robertburnsAP

Associated Press

Source: http://hosted2.ap.org/APDEFAULT/89ae8247abe8493fae24405546e9a1aa/Article_2011-10-24-Panetta-Asia/id-6ac577840b4c46049579d4df4fd0c9f9

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Monday, October 24, 2011

Monday morning KO: A reminder of Matt Mitrione?s power

With Matt Mitrione taking on Cheick Kongo this Saturday at UFC 137, it's a good time to take a look back at how Mitrione ended his last fight. Here is a snippet of his bout with Christian Morecraft at UFC on Versus 4.

This fight will be Mitrione's toughest test yet. He is undefeated, with all of his fights have? in the UFC after a career in the NFL. Will Mitrione handle Kongo's striking? Tell us in the comments or on Facebook.

Source: http://sports.yahoo.com/mma/blog/cagewriter/post/Monday-morning-KO-A-reminder-of-Matt-Mitrione-?urn=mma-wp8479

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Falling German Satellite Enters Atmosphere

A defunct satellite entered the atmosphere early Sunday and pieces of it were expected to crash into the earth, the German Aerospace Center said.

There was no immediate solid evidence to determine above which continent or country the ROSAT scientific research satellite entered the atmosphere, agency spokesman Andreas Schuetz said.

Most parts of the minivan-sized satellite were expected to burn up during re-entry, but up to 30 fragments weighing 1.87 tons could crash into Earth at speeds up to 280 mph.

Scientists were no longer able to communicate with the dead satellite and it must have traveled about 12,500 miles in the last 30 minutes before entering the atmosphere, Schuetz said.

Experts were waiting for "observations from around the world," he added.

Scientists said hours before the re-entry into the atmosphere that the satellite was not expected to hit over Europe, Africa or Australia. According to a precalculated path it could have been above Asia, possibly China, at the time of its re-entry, but Schuetz said he could not confirm whether the satellite actually entered above that area.

The 2.69-ton scientific ROSAT satellite was launched in 1990 and retired in 1999 after being used for research on black holes and neutron stars and performing the first all-sky survey of X-ray sources with an imaging telescope.

The largest single fragment of ROSAT that could hit into the earth is the telescope's heat-resistant mirror.

During its mission, the satellite orbited about 370 miles above the Earth's surface, but since its decommissioning it has lost altitude, circling at a distance of only 205 miles above ground in June for example, the agency said.

Even in the last days, the satellite still circled the planet every 90 minutes, making it hard to predict where on Earth it would eventually come down.

A dead NASA satellite fell into the southern Pacific Ocean last month, causing no damage, despite fears it would hit a populated area and cause damage or kill people.

Experts believe about two dozen metal pieces from the bus-sized satellite fell over a 500-mile span of uninhabited portion of the world.

The NASA climate research satellite entered Earth's atmosphere generally above American Samoa. But falling debris as it broke apart did not start hitting the water for another 300 miles to the northeast, southwest of Christmas Island.

Earlier, scientists had said it was possible some pieces could have reached northwestern Canada.

The German space agency puts the odds of somebody somewhere on Earth being hurt by its satellite at 1-in-2,000 ? a slightly higher level of risk than was calculated for the NASA satellite. But any one individual's odds of being struck are 1-in-14 trillion, given there are 7 billion people on the planet.

Source: http://www.npr.org/2011/10/22/141623516/pieces-of-german-satellite-expected-to-hit-earth?ft=1&f=1007

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Sunday, October 23, 2011

T-Mobile: Apple still hasn't made an iPhone for us, but how about that Amaze 4G camera

T-Mobile

T-Mobile still doesn't have an iPhone, in case you didn't know. (A fact we're perfectly OK with.) But it does have yet another news release explaining why. Apparently Apple won't make one that will work on T-Mobile's 3G and 4G networks. (Never mind that AT&T's apparently trying to call its HSPA+ iPhone 4S a 4G device.)

Anyhoo, TMo's Andrew Sherrard, senior vice president of marketing, just wants to remind y'all that they do have other devices with faster speeds, bigger screens, "compelling service pricing," more choice, and how about a "more advanced camera on the HTC Amaze 4G." And how about that 4.52-inch Super AMOLED display on the Samsung Galaxy S II?

It's yet another bizarre news release from the carrier whining about not having the iPhone (What? That's what it is.) while trumpeting Android. While we're perfect happy about the latter, we could do without seeing Android lumped in with the former, ya know?

Check out the full missive after the break.

read more


Source: http://feedproxy.google.com/~r/androidcentral/~3/umYfQCGeNCo/t-mobile-apple-still-hasnt-made-iphone-us-how-about-amaze-4g-camera

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Friday, October 21, 2011

Turkey vows 'great' revenge after deadly PKK raids

Turkish security forces said they had killed 15 Kurdish militants and they also reportedly launched an incursion inside Iraq Wednesday, after Kurdish rebels killed 26 Turkish soldiers and wounded 22 others in multiple attacks along the border.

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Turkish President Abdullah Gul said revenge would be "very great" for the attacks in southeastern Turkey.

"No one should forget this, those that inflict this pain on us will endure far greater pain. Those that think they will weaken our state with these attacks or think they will bring our state into line, they will see that the revenge for these attacks will be very great and they will endure it many times over," Gul told reporters in Istanbul.

Turkey's Prime Minister Tayyip Erdogan and its Foreign Minister Ahmet Davutoglu both cancelled foreign trips after the attacks, the deadliest strike on Turkish security forces in 18 years, Al Arabiya reported. Al Arabiya, citing the AFP, said that the PKK killed 33 unarmed soldiers in Bingol province in 1993.

The Kurdish rebels, who are fighting for autonomy in Turkey's southeast, staged simultaneous attacks on military outposts and police stations near the border towns of Cukurca and Yuksekova early Wednesday.

Turkey's chief of the military and the interior and defense ministers rushed to the border area to oversee the anti-rebel attacks, and the United States and NATO both issued statements supporting the offensive, the largest in more than three years.

"The United States will continue our strong cooperation with the Turkish government as it works to defeat the terrorist threat from the PKK and to bring peace, stability and prosperity to all the people of southeast Turkey," Obama said in a statement.

NTV television said Turkish troops have gone some 2.5 miles (4 kilometers) into Iraq and that helicopters were ferrying commandos across the border. Dogan news agency said more than 20 Kurdish rebels were killed in ensuing clashes, but did not provide a breakdown. Neither report identified its sources.

The incursion appeared to be limited in scope. Turkey last staged a major ground offensive against Iraq in early 2008.

The attacks left 26 soldiers dead and 22 others wounded, the Interior Ministry announced. It was the deadliest Kurdish rebel attack since 1992, according to a tally by NTV television.

Warplane strike bases
In response, Turkish warplanes and artillery units, positioned just inside Turkey, struck Kurdish rebel bases across the border in response, NTV said.

NTV, without citing sources, also said Turkish troops penetrated as deep as 2.5 miles into Iraq and helicopters were ferrying commandos across the border in what appeared to be a cross-border offensive limited in scope for now.

Kurdish rebel group the Kurdistan Workers' Party, or PKK, said clashes were taking place in two separate areas close to the mountainous Iraqi-Turkish border.

"We have been clashing with the Turkish forces in two areas since around 3 a.m. today," Dostdar Hamo, a spokesman for the rebel group, said by telephone.

Turkey last week pressured Iraq to move to eradicate the rebel bases in northern Iraq, saying its "patience is running out" in the face of rebel attacks directed at Turkey from Iraqi soil.

Around 100 Kurdish rebels were believed to have participated in the attacks, according to the state-run TRT television. The rebels fled to northern Iraq after the attacks as the military shelled their escape routes, NTV said.

Rebels intensify attacks
The rebels have lately intensified their attacks in the country's Kurdish-dominated southeast, killing dozens of members of the country's security force and at least 18 civilians since mid-July.

On Tuesday, a roadside bomb blast killed five policemen and three civilians, including a 4-year-old girl.

The conflict has killed tens of thousands of people since 1984 as Kurdish politicians pushed for greater cultural and political rights for Kurds, who make up around 20 percent of Turkey's 74 million people, such as the right to education in the mother tongue ? a demand that the Turkish government fears could deepen the ethnic divide in the country.

The government has taken steps toward wider Kurdish-language education by allowing Kurdish-language institutes and private Kurdish courses as well as Kurdish television broadcasts. But it won't permit lower-level education in Kurdish.

The European Union, which Turkey is striving to join, has pushed the Turkish government to grant more rights to the Kurds. But EU countries also have urged Kurdish lawmakers to distance themselves from the rebel group, which is considered a terrorist group by the U.S. and the EU.

The Associated Press and Reuters contributed to this report.

Source: http://www.msnbc.msn.com/id/44955393/ns/world_news-mideast_n_africa/

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Swype gets a new beta release, blissfully makes updating easier

Swype beta

We've been in love with the Swype keyboard since, well, forever. But time and time again we've threatened to break up over the stupidest of things. Because Swype's business model is to get preloaded onto phones and you technically can't download a full version, the beta installation process has always been a pain in the ass. Download the Swype app. Register. Sign in. Download the beta. When it comes time to update the beta version, you have to go through the whole thing again, and add in a step where you recover your forgotten password.

That ends now.

Swype Bets Version 3.26, in addition to bringing improved language control (which language you use at any given time), a refined key layout and new settings and help, also brings about automatic updates. You'll get notifications letting you know an update is available, and install it right through the settings. Easy as pie.

Source: Swype


Source: http://feedproxy.google.com/~r/androidcentral/~3/nmzRZ5uX7fs/swype-gets-new-beta-release-blissfully-makes-updating-easier

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Thursday, October 20, 2011

Mariska Hargitay Welcomes Second Child!


Law & Order: SVU star Mariska Hargitay welcomed her second child in just six months, according to a new report. These things are possible when you adopt!

With daughter Amaya Josephine arriving just six months ago, she started thinking about adopting again down the line. Turns out not very far down the line.

Within a week of processing paperwork a second time, Hargitay, 47, and husband Peter Hermann brought home a son, Andrew Nicolas Hargitay Hermann.

Mariska Hargitay Image

“We never in a million years thought it would happen this quickly, but something inside of us knew that this was right, and we said, ‘Yes, yes, yes!’” says Hargitay.

The newest addition to her family was born August 5.

“We knew this was our guy. Everything felt right. It felt divinely right,” says mom, who's working four days a week, and adds that her kids are already bonding.

“They’ll lie in the crib together, and she’ll hold his hand and put her arm around him,” says Hargitay. “It's wonderful. She’s already so protective of him.”

Congratulations to the whole family!

[Photo: WENN.com]

Source: http://www.thehollywoodgossip.com/2011/10/mariska-hargitay-welcomes-second-child/

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Wednesday, October 19, 2011

Timing for clinical trials for stem cell therapy in spinal cord injuries is right, review suggests

ScienceDaily (Oct. 18, 2011) ? Regenerative medicine in spinal cord injuries (SCI) is proving to help the human body create new cell and nerve connections that are severed during this type of injury. In a review of current scientific research for stem cell treatment in SCI published this month in the Springer journal Neurotheraputics, Dr. Michael Fehlings and Dr. Reaz Vawda from the Krembil Neuroscience Centre, Toronto Western Hospital in Ontario, Canada, provide evidence that supports researchers moving beyond the lab to conduct human clinical trials for stem cells.

Spinal cord injuries remain one of the most difficult conditions to overcome. Despite the advances made in surgical interventions, drugs and rehabilitation programs, the cascade of damage that ultimately affects the body at the cellular level cannot be reversed.

Stem cell research brings tremendous hope to those who remain paralyzed after such a devastating injury. But according to Dr. Fehlings, patients are not able to realize the potential benefits of stem cell therapy because research is largely stuck in the laboratory.

?With the exception of a few clinical trials, current research is stalled at the animal model stage,? said Dr. Fehlings. ?Scientists from around the world have demonstrated as much as they can in lab models that stem cells have an impact on spinal cord injuries and can be transplanted into patients. Now we need the support and coordination of regulatory bodies to move this science forward.

?The study critically evaluates 11 different cell types/sources and the evidence justifying their use. For example, BMSCs (Bone marrow stromal cells ) have an established safety record, as well as a beneficial effect after thoracic SCI. Glial restricted progenitors (GRPs) and oligodendrocytic progenitors (OPCs) are described to have a track record that favours the continuation of more clinical trials and Neural Progenitor Cells (NPC), of which one line of immortalized foetal NPCs has been subjected to extensive pre-clinical safety testing, may have potential benefits.

Spinal cord injuries not only cause life-long disability and carry major psychological effects, injuries to the cervical spine (neck) have a mortality rate of 10 percent in the first year following injury and an expected lifespan of only 10 ? 15 years post injury.

Some of the evidence for increasing and expanding clinical trials from the study includes:

  • There are more than a dozen recently completed, ongoing or recruiting cell therapy clinical trials for SCI.
  • No experimental mode, rodent or otherwise, will completely mimic the human condition and it is an unrealistic hurdle for all pre-clincial findings to be validated in animals.
  • There are substantial pre-clinical and earlier clinical safety studies of satisfactory quality and reliability carried out so far to justify the immediate translation into the clinic.
  • Advances in the application of regenerative neuroscience to SCI can only be made with an investigative approach that balances excellent preclinical research with rigorous ethical clinical trials.

?At this time, a strong patient advocacy base would likely help provide momentum to help translate current research into clinical applications,? said Dr. Fehlings. ?Moving forward, all clinical trails must involve peer-reviewed assessment, regulation, independent monitoring, duplication, transparency and accurate record keeping of the every step of the process.?Dr. Fehlings acknowledges that no clinical intervention is 100 percent risk free and uses the examples of other novel therapies such as bone marrow transplantation and the polio vaccine to illustrate how science has forged ahead successfully, despite setbacks along the way.

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The above story is reprinted from materials provided by Springer.

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Journal Reference:

  1. Michael G. Fehlings, Reaz Vawda. Cellular Treatments for Spinal Cord Injury: The Time is Right for Clinical Trials. Neurotherapeutics, 2011; DOI: 10.1007/s13311-011-0076-7

Note: If no author is given, the source is cited instead.

Disclaimer: This article is not intended to provide medical advice, diagnosis or treatment. Views expressed here do not necessarily reflect those of ScienceDaily or its staff.

Source: http://www.sciencedaily.com/releases/2011/10/111018121847.htm

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Lady Gaga leads nominations for MTV Europe Awards (AP)

LONDON ? American pop stars Lady Gaga and Bruno Mars will be performing at the MTV Europe Music Awards in Northern Ireland next month.

The music channel will be taking over the city of Belfast on Nov. 6 for its annual ceremony, and for the first time the MTV Europe awards will be held in three different locations.

Gaga and Mars will join Coldplay, Jessie J and LMFAO in performing at the Odyssey Arena. The Red Hot Chili Peppers will be playing at Ulster Hall, while Snow Patrol and Jason Derulo will be on stage at City Hall.

The show is being hosted by actress/singer Selena Gomez.

Gaga leads the way with six MTV Europe music award nominations, while Mars and Katy Perry have four each.

Source: http://us.rd.yahoo.com/dailynews/rss/music/*http%3A//news.yahoo.com/s/ap/20111017/ap_en_mu/eu_mtv_europe_music_awards

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Monday, October 17, 2011

Wheldon's death hits Schmidt hard (AP)

LAS VEGAS ? As a driver, Sam Schmidt understood the inherent danger of driving a car at more than 200 mph. Even after a practice crash left him in a wheelchair, he accepted the this-is-part-of-it perils that go along with racing.

After watching Dan Wheldon's death punctuate an emotionally draining month, Schmidt may have had enough.

Speaking Monday from his go-kart facility not far from the Las Vegas Strip, Schmidt acknowledged that Dan Wheldon's death at Las Vegas Motor Speedway had left him shaken ? maybe even enough to leave the sport he loves.

"I'd by lying if I said I wasn't ? you've got to think about it," Schmidt said. "It's one thing to take the risk yourself and my situation, it's something I was doing since I was 5 years old and I'm still here to watch my kids grow up. It's an amazing parallel between Dan's age and my age when I got hurt and the ages of his kids.

"I just don't know if I can be this tightly associated with something like that in the future."

Schmidt knows a bit about adversity.

A rising star in the IndyCar series, he became a quadriplegic following a 2001 practice-session wreck near Orlando, Fla. Instead of folding his hand, the Las Vegas transplant instead used the cards he was dealt to start his own racing team.

Sam Schmidt Motorsports has been hugely successful in Indy Lights, winning five series titles, and this season in IndyCar ? its first as a full-time team in the series ? earned the pole at the Indianapolis 500 with Alex Tagliani. Sam Schmidt Motorsports also supplied Wheldon's winning car at the Indianapolis 500 last May for Bryan Herta Autosport.

The past month, though, has been trying for Schmidt and his team.

It started on Sept. 12, when Indy Lights team manager Chris Griffis died after collapsing during a pickup basketball game.

The team got an emotional lift when Josef Newgarden drove to the team's fifth Indy Lights title at Kentucky two weeks ago, and again when Victor Carbone drove to his first race victory at Las Vegas on Saturday.

The joy didn't last a day.

Starting from the back of the field as part of a $5 million promotion, Wheldon had moved up to the middle of the pack when cars started crashing all around him. Unable to avoid what would become a 15-car melee, Wheldon got caught up and his car went sailing over another vehicle and whirled into a catch fence, where it landed cockpit-first and burst into flames.

Wheldon was airlifted to the hospital and declared dead about two hours later from what the Clark County coroner said Monday was blunt head trauma. The 33-year-old Englishman was survived by a wife and two kids under 3.

"It's been a roller coaster," Schmidt said. "We lost a team member five weeks ago and we're still kind of reeling in that. Winning the championship in Kentucky really kind of uplifted the guys' spirits over that, then come here and have this happen. It's pretty trying.

"I'm generally a positive guy, silver lining and everything, but I haven't been able to find a silver lining lately."

Wheldon had teamed up with Schmidt for the chance at a $5 million promotion being offered by IndyCar to any non-full-time driver who could win the race. Wheldon and the team did a warmup race at Kentucky, finishing 14th, and had to start at the back of the field for Sunday's race as part of the promotion.

The partnership came to a disturbing end with the crash that left Wheldon dead and Schmidt devastated.

"I still feel like I'm in a state of shock," he said.

Source: http://us.rd.yahoo.com/dailynews/rss/sports/*http%3A//news.yahoo.com/s/ap/20111018/ap_on_sp_au_ra_ne/car_indycar_wheldon_schmidt

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Ramirez pleads not guilty to domestic battery (AP)

FORT LAUDERDALE, Fla. ? Former baseball star Manny Ramirez has pleaded not guilty to a domestic battery charge involving his wife.

Ramirez's attorney filed the written plea ahead of Friday's scheduled arraignment. Ramirez did not appear at the hearing. He is free on $2,500 bail.

The 2004 World Series MVP was arrested Sept. 12. His wife told investigators Ramirez slapped her, causing her head to strike a bed headboard. Ramirez has denied slapping her.

Ramirez helped lead the Boston Red Sox to the 2004 championship, ending an 86-year drought for the franchise. He also played for the Los Angeles Dodgers, Cleveland Indians and Chicago White Sox.

He retired in April from the Tampa Bay Rays rather than serve a 100-game suspension after testing positive a second time for a performance-enhancing substance.

Source: http://us.rd.yahoo.com/dailynews/rss/sports/*http%3A//news.yahoo.com/s/ap/20111014/ap_on_sp_ba_ne/bbo_manny_ramirez_arrested

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